Alliance Bank is a bank based in Lake City, Minnesota, established in 1867, with $767 million in total assets across 6 branches. By Trust Grade it ranks 16th of 224 banks we track in Minnesota. Its capital ratio of 10.4% is stronger than 54% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.10% return on assets. No consumer complaints against Alliance Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Alliance Bank compares to Minnesota peers
How we graded Alliance Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.4% capital ratio)
- Strongly profitable (ROA 1.10%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Alliance Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (6)
- 322 N Minnesota St, New Ulm, MN 56073
- 30 East Seventh Street, Saint Paul, MN 55101
- 20 W Main St, Madelia, MN 56062
- 840 Technology Dr, Red Wing, MN 55066
- 112 Broadway, Hanska, MN 56041
- 105 E Lyon Ave, Lake City, MN 55041
Are deposits at Alliance Bank insured?
Yes. Alliance Bank is an FDIC-insured bank (FDIC certificate #10973). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Alliance Bank: frequently asked questions
Is Alliance Bank a good bank?
Alliance Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.4% capital ratio); Strongly profitable (ROA 1.10%).
Is Alliance Bank FDIC-insured?
Yes. Alliance Bank is a FDIC-insured bank (FDIC certificate #10973). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Alliance Bank?
Alliance Bank holds $767 million in total assets, ranking 16th of 224 banks we track in Minnesota. It operates 6 branches.
Does Alliance Bank have CFPB complaints?
No CFPB complaints against Alliance Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
